American Accounting Association
Do Clawback Policies Accomplish Their Desired Purpose?
They may, but new research surprisingly suggests that clawbacks may also prompt managers to drive down their companies' effective tax rates.
Outside Board Service Boosts Inside Accounting Quality
CFOs who serve on other companies' boards make significantly fewer errors in their own financial reporting.
Investors Shun Companies That Play ‘Robin Hood’
Wall Street likes tax avoidance practices, and it likes corporate social responsibility. But it doesn't like companies that practice both, study finds.
Fresh Evidence of Auditor Bias Emerges
Companies don't look good for penalizing honest auditors, while other auditors don't look good for rendering slanted opinions.
Tax Reform Spurs Major Unintended Consequence
Contrary to congressional intent, the Tax Cuts and Jobs Act has boosted multinationals' capital investments abroad more than at home.
What Happens When the CFO Is the COO, Too?
A new academic study could dim perceptions that problems may arise when one executive holds both roles.
Do Clawbacks Cause as Many Problems as They Prevent?
While penalties for erroneous financial reporting may spur achievement, they also may lead executives to cover up their mistakes, study suggests.
‘Opinion-Shopping’ Compromises Auditor Independence
While it may serve the interests of struggling companies, shopping for a favorable audit opinion lessens auditor independence and audit quality.
Here’s Another Reason to Avoid Tax Avoidance
Aggressive tax planning sows confusion not only about companies' taxes but also about the basics of their operations and finances.
SOX 404(b) Provides Investor Value After All
Study results contradict critics who are trying to water down the Sarbanes-Oxley requirement for auditing internal controls over financial reporting.
Manipulate Cash Flow to Boost Credit Ratings?
The role of credit-rating agencies in determining interest costs on bank loans leaves much to be desired, a study finds.